Suppose That Rosa Is Considering Migration to Another Country

question 48

Multiple Choice

Suppose that Rosa is considering migration to another country. To move, she will have to spend $4,000 on transportation and $6,000 in application and other processing fees. Rosa's stream of future earnings in her home country is $400,000. She expects to earn a stream of future earnings of $750,000 in another country. Based on this information, Rosa will decide to migrate as long as the implicit costs of leaving her friends and family and adjusting to a new culture are

• A)greater than $410,000.
• B)less than $350,000.
• C)less than $360,000.
• D)less than $340,000.

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Definitions:

Freedmen's Bureau

An agency established by the U.S. government in 1865 to aid freed slaves during the Reconstruction era by providing food, housing, education, and legal support.

Federal Welfare

Government programs designed to aid the well-being of the population, including financial assistance, healthcare, and social services, aimed at supporting those in poverty or need.

Black Churchgoers

Individuals who are part of the African American community who regularly attend church services.

Social Services

Public services provided by a government, NGOs, or other organizations to help improve welfare and living conditions.